Fed Policymakers 'Do Not Understand Risk' Says Taleb

Taleb is close but misses the entire impact current Fed and Obama decisions or perhaps this article is being framed to avoid discussion of anything anti-obama - an unfortunate failing of an otherwise excellent HP staff. The fed starting under Bush and then accelerated with steroids under Obama wrecked the economy. The megabanks should have been placed into receivership, their management gutted. the companies restructured and current mortgages refied by simply modifying the interest rate automaticaly. This an a few other simple steps would have prevented collapse. Obama could have stopped everything by just taking and advocating these steps - he didin;t based on the guidance of Tim and Ben and a small cultural elite. Obama wrecked the eocnomy to reward a small group of megabankers, fed insiders and govt econ advisors - all strangely from the same cultural group. THis has noithing to do with the 30s - to even mention the together is designed to mislead the reader - this isn't 1930 nor is the psychology of people the same. there was no fianncial meltdown or crisis - there was small group of the same cultural group working to save each other at the expense of the american people. One person canmake a difference and one group can leverage the world economy
Read the Article at HuffingtonPost

'Mike & Molly,' The Sitcom About People Who Happen To Be Fat

glorifying fat - ranks right up there with lets do a show at the heigth of unemployment about how america ships jobs to India and call it outsourced. Think of the millions that go into production and this is all they can come with. Buy a cjicken - see all that yellowish stuff, buy some some - see all that white stuff. buypork see all thatwhitestuff --that's fat - now imangine 50 pounds of that disgusting stuff sround your middle and your internal organs just like marblingwe'll make your bad lifesyle into a show for kids
Read the Article at HuffingtonPost

Health Insurer PacifiCare Faces Up To $9.9 Billion In Fines For Nearly A Million Alleged Health Care Violations

this is unbelieveable - additional benefits cost additonal money -- can you believe it - who inthe Obama adminstrationcould have figured this out - it is soooo complicated.like if i give$2 trillion to bad banks they will only stay bad -- another really complex issue. Notice the second costdriver - medical costs. This is theunrestrained costs of docs, hosp and drug companies. Instead of complasinign about govt mnadated price supports (insurance) start understanding that it is yourdoctor and his businessmodel that's the problem
Read the Article at HuffingtonPost

Arizona's Next Immigration Target: Children Of Illegals

Sounds great - anchor babies is an accurate term for the reason illegals stay lomg aftertheir personal need. Don;t know who the author of this article is butthey totally worng there is nothing in the constitution that says children bron to ilegals is a citizens - in fact the constitution says next to noithing about citizenship qualfiications - the author mighttry actualy readin the docuemnt. Several decisions about ciutizenship have been brought to court - the big ones around slavery, etc. but there has been no case regarding illegals and citizenship. The US uses an old ebeglish doctrine to normally define the absis for citzenship but there is no distinct constutional law on this particular question and it certainly does NOT say iantying in the constitution
Read the Article at HuffingtonPost

Feds Didn't Do Enough To Avoid 'Poisonous' AIG Bailout And Now Changing Story To Defend It, Watchdog Says

Remeber that period? They came up with the giveaways ys to make sure their friends got their yearly bonuses. It came to Bush - he was leaving so he didn;t care and Obama said yes he supported the baiouts and the when he came into office a few months later he expanded and never questioned any of the bailouts or taxed the bonuses - nothing.. These bailouts and the $2 trilion in giveaways are Obama's fault, the collapse of the economy is Obama's fault - unemploymnet, foreclosures, loan remod program, stimullus, - all total failures and all Obama's fault. I don;t care what you want to blame on Bush - wars, taxes, lies, whatever BUT this economic catastrophe is entirely of Obama's doing every bit of it. If he had taken the opportunity to reorg the financial sector in Feb 09 we would be past all this and be better for it. The reason we're not is Obama's fault. I do not understand why people have these ignorance blinders on - Bush and Obama are the two presidents we'ev ever had in over 200 years
Read the Article at HuffingtonPost

Jan Brewer, Arizona Governor, To Meet With Obama This Week

An additional $500 million - wow. To put that in perspective - Goldman Sachs paid itself over $6 BILLION in taxpayer funded bonuses from Obama. That's 12x the amount he is putting into this problem just for bonuses. Which were designed to compensate for their failure to their job. Guess that's where the similarity with immigration comes in.
Read the Article at HuffingtonPost

Barney Frank: 'As A Jew' I'm 'Ashamed' Over Treatment Of Palestinians

This is a challenge and a dilemma. Why would Barney Frank as a Jew feel ashamed of Israel. Israel is a separate, secular country -not part of the US and we are not responsible for their actions (although we pay for most of them). Is Barney an american or not or is he a closet Israeli to the exclusion of balanced policy for our country? This is one of the pillars of the new anti-semitism - who do Jews owe their loyalties too - Israel or the country where they have citizenship. Simliar to the old catholic and the pope bigotry. Barney doesn't come from Israel, his family doesn't, etc. but he also needs to undetrstand why he feels this way and ask if it has influenced his policy decisions, conceiveably to the detrement of larger US foreign policy goals? We should all use an incident like this for good and try to understand if we have been turning a blind eye to behaviors we should be trying to change. Have we been feeding trying to save Israel for solong from itself thatwe have in fact now become part of the problem? Maybe not trying to save it is the best way to help. Whether it's a friend or a country maybe having too many life perservers means you never learn how to swim.
Read the Article at HuffingtonPost